DIRS.INFO The most relevant business & tech news

☆ Is the climate your top issue? Here's a guide to each candidate's stance.
▼ + stars: | 2024-06-04 | by ( John L. Dorman | ) www.businessinsider.com time to read: +5 min

From the protection of lakes and streams to the battle to curb greenhouse gas emissions, many voters in the upcoming US presidential election want to see the federal government play an active role in climate issues. One thing is clear though: the lion's share of voters believe that climate change is real. AdvertisementThe latest quarterly survey from the Yale Program on Climate Change Communication revealed that 72% of Americans believed that climate change was occurring, while only 15% disagreed. Related storiesHere's a look at President Joe Biden and former President Donald Trump's positions on climate — which is poised to be a defining issue for Gen Z and millennial voters this fall. But President Donald Trump withdrew from the plan while in office, blasting it as detrimental to the US economy.

Persons: Joe Biden, Donald Trump's, Gen Z, Biden, Barack Obama, Obama, Donald Trump, Trump Organizations: Service, Business, Yale, GOP, US, Keystone XL, Trump, Alaska National Wildlife, Environmental Protection Agency, Mar, The Washington, of Energy Locations: Paris, Alaska, Michigan

☆ Why private equity has been involved in every recent bank deal
▼ + stars: | 2024-03-06 | by ( Hugh Son | ) www.cnbc.com time to read: +2 min

Greg Nash | ReutersThe $1 billion-plus injection that New York Community Bank announced Wednesday is the latest example of private equity players coming to the need of a wounded American lender. Led by $450 million from ex-Treasury Secretary Steven Mnuchin's Liberty Strategic Capital, a group of private investors are plowing fresh funds into NYCB. That happened to Silicon Valley Bank, whose failure to raise funding last year was effectively its death knell. On Wednesday, headlines around noon that NYCB was seeking capital sent its shares down by 42% before trading was halted. "With private deals, you can talk for a while, and we almost got to the finish line before there was any publicity."

Persons: Jerome Powell, Steven Mnuchin, Greg Nash, Steven Mnuchin's, Warburg Pincus, HomeStreet, Steven Kelly, NYCB Organizations: Financial, Treasury, Reuters, York Community Bank, Strategic Capital, Centerbridge Partners, FirstSun, Wellington Management, Yale Program, Silicon Valley Bank Locations: Rayburn, Washington , U.S, NYCB, PacWest, Banc, California, it's, Silicon

☆ Opinion: What do you expect when an oil executive runs the climate talks?
▼ + stars: | 2023-12-05 | by ( Opinion John D. Sutter | ) edition.cnn.com time to read: +6 min

CNN —As someone who’s been reporting on the climate crisis for more than a decade, I can say that the most insidious threat to climate action isn’t denial or apathy. That’s tragic, especially in light of the long and frustrating history of fossil fuel interests injecting doubt into policy conversations about the climate crisis. The broad strokes of climate science have been well understood for several decades now. The fallout of that doubt still haunts political conversations about the climate crisis today. In the United States, only 35% of adults talk about the climate crisis at least occasionally, according to a 2021 survey from the Yale Program on Climate Change Communication.

Persons: John D, Sutter, Ted Turner, Read, who’s, Sutter Beth Mickalonis, Sultan Al Jaber, Al Jaber, Mary Robinson, ”, Al Jaber’s, It’s Organizations: Environmental Media, George Washington University, CNN, COP28, United, Abu, Abu Dhabi National Oil Company, “, The Guardian, UN, Programme, Sutter, Yale Locations: Dubai, United Arab Emirates, Abu Dhabi, UN, Paris, United States

Like, what if this doesn't end and this is how it's going to be?”Maxwell blames climate change, and she's not alone. And about 65% say climate change will have or already has had a major impact in their lifetime. About 9 in 10 Democrats say climate change is happening, with nearly all of the remaining Democrats being unsure about whether climate change is happening (5%), rather than outright rejecting it. Republicans are split: 49% say climate change is happening, but 26% say it’s not and an additional 25% are unsure. Overall, 74% of Americans say climate change is happening, largely unchanged from April.

Persons: Kathleen Maxwell, “ It's, ”, Maxwell, “, ” Maxwell, she's, they've, they’ve, Anthony Leiserowitz, Bruce Alvord, doesn't, Alvord, Republican Ronald Livingston, he's, ” Livingston, Jeremiah Bohr, Bohr Organizations: Associated Press, NORC, for Public Affairs Research, Northern, World Meteorological Organization, Yale, Republican, Chrysler, Republicans, University of Wisconsin, Phoenix, AP Locations: Phoenix, United States, U.S, —, Hagerstown , Maryland, Clute , Texas, Oshkosh

☆ The last 3 months were the hottest on record. Was summer 2023 just the beginning?
▼ + stars: | 2023-09-08 | by ( Catherine Boudreau | ) www.businessinsider.com time to read: +4 min

June through August were the hottest months on record, the World Meteorological Organization said. The deadly extreme heat and other climate-fueled disasters are upending people's lives this summer. A summer of writing about disaster after disaster got me thinking: Will we look back on this summer as a turning point? More of us are feeling the whiplash: Americans are increasingly connecting the dots between disasters and the climate crisis. In the meantime, communities have to be better prepared because the next five years could continue to break temperature records , according to the World Meteorological Organization.

Persons: António Guterres, Anthony Leiserowitz, Leiserowitz, George Mason, they'd, Carole Walker, It's Organizations: World Meteorological Organization, Service, United Nations, Yale, George, George Mason University, Rocky Mountain Insurance Association, Federal Emergency Management Agency, FEMA Locations: Wall, Silicon, Maui, Hawaii, Northeast

Just as important will be persuading people like Mr. Marohn that electric cars, renewable energy and electric heaters and stoves are practical, economical and exciting. Many, conservatives in particular, chafe at the prospect of the government forcing them to buy electric cars or ditch their natural gas appliances, polls show. By The New York TimesA clean energy future will require painstaking and individually tailored persuasion campaigns. “Even if some of them deny the science of climate change, they can’t deny good-paying jobs,” he said. “I just want to change the perception that electric cars are not as good as big, noisy muscle cars,” Mr. Lawson said.

Persons: Mikey Marohn, “, ”, Marohn, Alicia Cox, Cox, , chafe, Jesus, Ms, ” “, Jae Landreth, “ That’s, “ Nobody’s, Mr, Landreth, Phil Collins, Rob Leach, Leach, ‘, “ I’ve, Jack Conness, Biden, Jennifer Granholm, Granholm, Vladimir V, Putin, Sue Burns, Burns, Marjorie Taylor Greene, William Turner, didn’t “, Jason Walsh, Walsh, Tia Williams, Ms . Granholm, ” Ms, Williams, Joe Wilson, ” “ Didn’t, Roy Cooper of, Cooper, Patrick Lawson, Ford, Lawson, Lawson’s, Susan Lawson, Cheryl, Tesla, They’re, Kent Wheeler, “ It’s, ’, Josh Hermes, Paul Rosenzweig, Rosenzweig, Mary T, Barra, ” Kenneth Boswell, Quinton Lucas, Lucas, ” Mr Organizations: Clean, Biden, General Motors, nonbelievers, Republican, Pew, The New York Times, Pew Research Center, Toyota, Clean Energy Manufacturing, Energy Innovation, Trump, Trump Biden, Savings, Yale, Pontiac, BlueGreen Alliance, Democratic, Georgia Institute of Technology, Mr, Republicans, Flex, Gov, Northern Arapaho Tribe, Tesla, Rocky Mountain Rebels, Elks, Wild West EV, Polaris, Northern Arapaho, Chevy Silverado, Mercedes, Benz, Alabama Department of Economic and Community Affairs, Kansas City, Fire Department Locations: Teton, Wyoming, Yellowstone, Baldwin City, Kan, Kansas City, G.O.P, Counties, Russia, Memphis, South Carolina, Georgia, Tennessee, Murfreesboro, Tenn, Dalton, Ga, Roy Cooper of North Carolina, Riverton, Jackson, Minnesota, Louisiana, Alabama, Missouri, Quinton Lucas , Kansas, Kansas

☆ Don't call the extreme heat, flooding, and wildfires 'the new normal'
▼ + stars: | 2023-07-20 | by ( Catherine Boudreau | ) www.businessinsider.com time to read: +5 min

The climate crisis is causing a "new abnormal" characterized by more frequent and intense disasters. More people are connecting their personal run-ins with disasters to the climate crisis. "We're not on a plateau," Leiserowitz, who studies people's attitudes toward the climate crisis, said. Still, the climate crisis remains psychologically distant for many people. These institutions haven't acted fast enough to avert the crisis, climate scientists say.

Persons: Anthony Leiserowitz, We're, Leiserowitz, Chase, Ross D, aren't, Jodi Kelly, Dan Kelly, Steven Senne, Lena Moffitt, Biden Organizations: Service, Yale, Chase Field, Arizona Diamondbacks, Franklin, Associated, North America ., Veterinary Surgical Center Locations: Phoenix, Iran, —, North America, North America . Vermont, Florida, United States, Montpelier , Vermont

☆ Fed data shows failed bank First Republic was key central bank borrower
▼ + stars: | 2023-05-04 | by ( Michael S. Derby | ) www.reuters.com time to read: +2 min

NEW YORK, May 4 (Reuters) - Federal Reserve data on Thursday showed a large part of the central bank's emergency lending activities in recent weeks were tied up with the now-shuttered First Republic Bank. The Fed reported that while overall emergency lending to banks in the latest week tipped down a bit, the composition of the lending changed in key ways. The Fed said that money the bank had borrowed via the discount window, the central bank's main source of liquidity for banks, and through the Bank Term Funding Program, had now shifted to "other credit." Condtions in the banking sector "have broadly improved since early March, and the U.S banking system is sound and resilient," Powell said. Fed lending surged in March driven by banking sector troubles and has remained at very high levels since that initial surge.

☆ What to Watch as the Fed Releases Its Look Into Silicon Valley Bank
▼ + stars: | 2023-04-28 | by ( Jeanna Smialek | ) www.nytimes.com time to read: +1 min

The bank had a large share of deposits above the government’s $250,000 insurance limit. The bank’s leaders also made a big bet on interest rates staying low. That became a problem as the Fed, trying to control rapid inflation, carried out its most aggressive rate increase campaign since the 1980s. The bank held longer-term bonds that dropped in value as interest rates rose, because newer debt issued at the higher rates became more attractive for investors. Was it a problem at the Federal Reserve Bank of San Francisco, which supervised the bank, or did the fault rest with the Federal Reserve Board, which has ultimate responsibility for bank oversight?

☆ ADHD medication abuse in schools is a ‘wake-up call’
▼ + stars: | 2023-04-18 | by ( Sandee Lamotte | ) edition.cnn.com time to read: +7 min

Schools with the highest rates of teens using prescribed ADHD medications were about 36% more likely to have students misusing prescription stimulants during the past year, the study found. Schools with more White students and those who had medium levels of student binge drinking were also more likely to see teen abuse of stimulants. “But these findings were not being driven solely by teens with ADHD misusing their medications,” McCabe said. Research has also shown people who misuse ADHD medications are highly likely to have multiple substance use disorders. “Parents can make sure the schools their kids attend have safe storage for medication and strict dispensing policies.

☆ Banks sought record Fed liquidity in wake of SVB collapse
▼ + stars: | 2023-03-16 | by ( Michael S. Derby | ) www.reuters.com time to read: +5 min

That reverses a substantial portion of the balance sheet reduction accomplished since last summer. The bank lending facility is backstopped by $25 billion from the Treasury Department’s Exchange Stabilization Fund. Record discount window borrowing was somewhat unexpected as many analysts had thought banks would instead gravitate to the new lending facility. That said, some saw the discount window borrowing surge as a positive by itself. Reuters GraphicsBALANCE SHEET UPSWINGThe surge in emergency lending caused the Fed’s balance sheet to stop shrinking and grow notably larger.

☆ Explainer: Five ways the Fed could calm frazzled markets
▼ + stars: | 2022-10-13 | by ( ) www.reuters.com time to read: +5 min

Here is a look at how the Fed might forestall market dysfunction should it threaten to emerge, listed roughly from most to least likely to be deployed. TALKING THE TALKIn recent days Fed policymakers have acknowledged some liquidity strains in U.S. financial markets - the Treasury market in particular - and the risk that raising interest rates to combat inflation could exacerbate vulnerabilities both domestically and abroad. Still, Fed policymakers would likely be cautious about taking their jawboning up a notch for fear of delivering perhaps too much calm, and undoing the very tightening they need to bring inflation under control. If taken too far, as happened the last time the Fed pursued so-called quantitative tightening in 2019, it can cause market ructions. Slowing that effort could ease strains, but it could also send a confusing signal to markets that may conclude the Fed is backing away from the inflation fight.

☆ Johns Hopkins, Yale, and NYU are teaming up to tackle a key bottleneck that will arise as psychedelics come to market
▼ + stars: | 2022-03-10 | by ( Yeji Jesse Lee | ) www.businessinsider.com time to read: +6 min

Johns Hopkins University, Yale University, and New York University announced on Thursday they were collaborating to create a psychedelics curriculum for psychiatrists. Benjamin Kelmendi is an assistant professor of psychiatry at Yale University and a codirector of the Yale Program for Psychedelic Science. YaleNYU's Ross told Insider it was "daunting" to think about the sheer number of therapists that needed to be trained to expand access for patients. Researchers are working to fill the gap that exists between psychedelics and the medical systemChristopher Pittenger is a codirector at the Yale Program for Psychedelic Science. YaleDr. Benjamin Kelmendi, a codirector of the Yale Program for Psychedelic Science, told Insider that he saw psychedelics as having broad applications that will attract other branches of medicine.

Search resuls for: "Yale Program"

13 mentions found